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mybet Holding SE: Closing of C4U sale

mybet Holding SE  / Key word(s): Disposal/Investment

01.11.2016 12:41

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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mybet Holding SE: Closing of C4U sale

Berlin, November 1, 2016. Today, Net1 and mybet Group came to an
understanding with each other, that all prerequisites for the closing of
the sale of C4U-Malta Ltd., a subsidiary of mybet Holding SE (ISIN
DE000A0JRU67), to Net1 are fulfilled. Net1 is a group of companies
operating primarily in the financial services sector and is listed at
NASDAQ as well as in South Africa.
In addition, the agreement sets the final purchase price for C4U to around
EUR 3.6 million. Accordingly, the official closing of the transaction shall
take place today. According to the contract's terms, mybet Group is going
to receive the purchase price, which has already been deposited in an
escrow account, two working days after the closing.


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Information and Explanation of the Issuer to this News:

mybet Holding SE
The mybet Group, licensed in several European countries to offer sports
betting and online casino games, has its registered office in Berlin and
locations in Hamburg, Cologne and Malta. mybet offers its betting and
gaming products over the internet platforms mybet.com and mybet.de as well
as at physical betting shops operating under a franchise system. In
addition, the group supplies regional betting providers in Europe and
Africa as a B2B service provider.
mybet Holding SE is the parent company of the mybet Group. The shares of
mybet Holding SE (ISIN DE000A0JRU67) are listed on the Frankfurt Stock
Exchange in the Prime Standard.
For further information, visit www.mybet-se.com

Contact
mybet Holding SE
Sebastian Bucher
Investor & Public Relations

tel  +49 30 22 90 83 161
fax +49 30 22 90 83 150
e-mail  sebastian.bucher@mybet.com

01.11.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      mybet Holding SE
              Karl-Liebknecht-Straße 32
              10178 Berlin
              Germany
Phone:        +49 30 22 90 83 0
Fax:          +49 30 22 90 83 150
E-mail:       ir@mybet.com
Internet:     www.mybet-se.com
ISIN:         DE000A0JRU67
WKN:          A0JRU6
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart, Tradegate Exchange
 
End of Announcement                             DGAP News-Service
 
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